Shiba Inu (SHIB) technical analysis:
Trade setup: Following a bullish breakout from Falling Wedge and above 200-day moving average, price entered an Uptrend again. Pullback near $0.000012 support could be a swing entry opportunity in uptrend.
Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).
Support and Resistance: Nearest Support Zone is $0.000012 (previous resistance), then $0.000010. The nearest Resistance Zone is $0.000015, then $0.0000180.
Trade setup: Following a bullish breakout from Falling Wedge and above 200-day moving average, price entered an Uptrend again. Pullback near $0.000012 support could be a swing entry opportunity in uptrend.
Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).
Support and Resistance: Nearest Support Zone is $0.000012 (previous resistance), then $0.000010. The nearest Resistance Zone is $0.000015, then $0.0000180.
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